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cliff deal with republicans. whatever negotiations are taking place between the president and speaker john boehner, whatever each side is prepared to give up a a level of security. it's totally possible the white house actually has no intent on messing with medicare or social security benefits. but for the left the chatter is ominous. it's coming from well sourced reporters and we've been down this road before. the pursuit with john boehner in 2011, obama was willing. there's reason to suspect there's something to all this chatter. and the question then becomes why? why would obama who simply by doing nothing these next few weeks could get the tax hike on the wealthy he's been demanding without touching medicare and social security? why would he entertain such drastic changes to the safety net? most likely culprit is the dreaded debt ceiling. here's why. republicans came to these talks with no leverage. the consequences of doing nothing before the december 31st meeting were worse for them than democrats. they loo
cliff deal with republicans. whatever negotiations are taking place between the president and speaker john boehner, whatever each side is prepared to give up a a level of security. it's totally possible the white house actually has no intent on messing with medicare or social security benefits. but for the left the chatter is ominous. it's coming from well sourced reporters and we've been down this road before. the pursuit with john boehner in 2011, obama was willing. there's reason to suspect...
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this might, might be part of the fiscal cliff negotiation. it's a question of how much more money could be saved by making packages happen on saturday but not all mail delivery? it's a tough decision. >> and now you're adding something more to the fiscal cliff deal, a deal i'm pretty sure is going to be pretty bad. >> but every little bit helps. the post office defaulted twice in the last couple months, erin. august, defaulted $5.5 billion for the first time. congress did nothing. fiddled. now, same thing happened in september. overall last year, they lost $15.9 billion. something has got to be done. can they kick the can to next year or get a deal done before next year? >> sad, defaulting on billions of dollars and we all think nothing is going to happen. one day, america, something terrible is going to happen. out front next, 22 days away from the fiscal cliff, the president is taking his plan on the road. one of our guests says mr. obama is overplaying his hand. >>> and radio prank is blamed for a suicide. two deejays behind the host speak
this might, might be part of the fiscal cliff negotiation. it's a question of how much more money could be saved by making packages happen on saturday but not all mail delivery? it's a tough decision. >> and now you're adding something more to the fiscal cliff deal, a deal i'm pretty sure is going to be pretty bad. >> but every little bit helps. the post office defaulted twice in the last couple months, erin. august, defaulted $5.5 billion for the first time. congress did nothing....
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deciding how much of each is what's holding up any deals on averting the fiscal cliff. negotiations are pretty much at a standstill, but if you ask house speaker john boehner, he has an idea of who's holding things up. >> there are a lot of things that are possible to put the revenue the president seeks on the table. but none of it's going to be impossible. the president insists on his position. insists on my way or the highway. >> in his weekly white house address this morning, president obama responded to boehner's remark. >> i'm willing to make more entitlement spending cuts on top of the one trillion dollars in spending cuts i signed into law last year. but if we're serious about reducing our deficit while still investing in things like education and research that are important to growing our economy, and if we're serious about protecting middle class families, then we're also going to have to ask the wealthiest americans to pay higher tax rates. that's one principle i won't compromise on. >>> holiday hiring may have given a big boost to the jobs report released yes
deciding how much of each is what's holding up any deals on averting the fiscal cliff. negotiations are pretty much at a standstill, but if you ask house speaker john boehner, he has an idea of who's holding things up. >> there are a lot of things that are possible to put the revenue the president seeks on the table. but none of it's going to be impossible. the president insists on his position. insists on my way or the highway. >> in his weekly white house address this morning,...
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while i hope that the negotiations to avert the fiscal cliff are successful, in my view we should not wait for a grand bargain in order to finish work on this important tax extender legislation. tax extenders are different from the other fiscal cliff issues for three basic reasons, and let me describe those reasons. first tax extenders are much less contentious than the other end of year problems that we -- that need to be resolved. the tax extender bill on the senate calendar has strong bipartisan support. in august, the finance committee approved it by a large margin. we have support from six republicans, including the ranking member, senator hatch. all 13 democrats supported it. i believe that many more republicans will vote for this legislation if it's brought up for consideration here in the senate. the bill consists entirely of tax cuts. it should not be difficult to get senators to vote for tax cuts, right before christmas especially. most of these tax cuts have solid bipartisan support. many of these tax cuts will help the economy, will help the middle class. for example, the
while i hope that the negotiations to avert the fiscal cliff are successful, in my view we should not wait for a grand bargain in order to finish work on this important tax extender legislation. tax extenders are different from the other fiscal cliff issues for three basic reasons, and let me describe those reasons. first tax extenders are much less contentious than the other end of year problems that we -- that need to be resolved. the tax extender bill on the senate calendar has strong...
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an approach toward the fiscal cliff. fox news, with all its stunned punditry on election night is not amused. the network confirms karl rove will only be allowed on air after producers receive permission. ditto, dick morris, the republican cheerleader still waiting to the romney/ryan call. gentlemen, don't sit there waiting in vein. there's a seat right here across the street with your name on it. come on. [ emily jo ] derrell comes into starbucks with his wife, danielle, almost every weekend. derrell hasn't been able to visit his mom back east in a long time. [ shirley ] things are sometimes a little tight around the house. i wasn't able to go to the wedding. [ emily jo ] since derrell couldn't get home, we decided to bring home to him and then just gave him a little bit of help finding his way. ♪ [ laughs ] [ applause ] i love you. i love you, too. yofor giving the perfect gift?le just have a knack i love you. they put real thought into it. and find just... the right...thing. how do they do that? more saving. more do
an approach toward the fiscal cliff. fox news, with all its stunned punditry on election night is not amused. the network confirms karl rove will only be allowed on air after producers receive permission. ditto, dick morris, the republican cheerleader still waiting to the romney/ryan call. gentlemen, don't sit there waiting in vein. there's a seat right here across the street with your name on it. come on. [ emily jo ] derrell comes into starbucks with his wife, danielle, almost every weekend....
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. >>> turning now to politics and the fiscal cliff negotiation. president obama and speaker boehner are keeping an open dialogue. speaking on the phone yesterday after trading secret proposals to avoid the year-end deadline. with few details revealed, officials say the president lowered his initial asking price on tax cuts to $1.4 trillion. president boehner took his displeasure to the house floor. >> we're still waiting for the white house to identify what spending cuts the president is willing to make as part of the balanced approach that he promised the american people. where are the president's spending cuts? the longer the white house slow-walks this process, the closer our economy gets to the fiscal cliff. >> president obama responded, showing republicans where they could find the details. >> it's not a mystery. we've seen this before. this is the document that contains the specific spending cuts. the speaker of the house sent us a proposal that was two pages long that included one sentence on revenue. the proposal here includes, i believe f
. >>> turning now to politics and the fiscal cliff negotiation. president obama and speaker boehner are keeping an open dialogue. speaking on the phone yesterday after trading secret proposals to avoid the year-end deadline. with few details revealed, officials say the president lowered his initial asking price on tax cuts to $1.4 trillion. president boehner took his displeasure to the house floor. >> we're still waiting for the white house to identify what spending cuts the...
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Dec 8, 2012
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you said that the president's strategy in these fiscal cliff negotiations is nothing but a power play, and in a previous column you actually used the words they want to humiliate the republicans. expand on that and explain that. >> well, you get the republicans the day after election day making good faith offers, boehner breaking with 20 years of tradition says we'll give you revenues, $800 million, and that's a real break for the republicans. that's a peace pipe. what does he get in return? the president sends the treasury secretary, geithner, to boehner and to mcconnell. he pockets the $800 billion. he double ths it and says i want 1.6 trillion. he demand not only no spending cuts of any importance but increased stimulus in spending which is preposterous when you're running trillion dollar deficit. and just to add insult, and here's the insult, he demands congress give up the power to control the deficit. that's obviously meanlt to humiliate the republicans. it's a non-starter. it's not acceptable. it's a way of saying to boehner you want to hand me your sword, you want to hand me y
you said that the president's strategy in these fiscal cliff negotiations is nothing but a power play, and in a previous column you actually used the words they want to humiliate the republicans. expand on that and explain that. >> well, you get the republicans the day after election day making good faith offers, boehner breaking with 20 years of tradition says we'll give you revenues, $800 million, and that's a real break for the republicans. that's a peace pipe. what does he get in...
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the standoff over the fiscal cliff. kwame holman updates the state of the negotiations and we talk with tennessee republican senator bob corker. >> ifill: jeffrey brown examines new concerns over syria's chemical weapons capability and what, if anything, the u.s. can do about it. >> woodruff: from florida, hari sreenivasan has the story of endangered coral reefs. many of them dying because ocean temperatures are rising and the waters are more acidic. >> i remember seeing fields of elk horn coral that you couldn't see through it and you couldn't see beyond it and those same areas are dead you know 99% dead. ♪ >> ifill: and we close with a remembrance of jazz great dave brubeck who died today, one day shy of his 92nd birthday. >> woodruff: that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs stati
the standoff over the fiscal cliff. kwame holman updates the state of the negotiations and we talk with tennessee republican senator bob corker. >> ifill: jeffrey brown examines new concerns over syria's chemical weapons capability and what, if anything, the u.s. can do about it. >> woodruff: from florida, hari sreenivasan has the story of endangered coral reefs. many of them dying because ocean temperatures are rising and the waters are more acidic. >> i remember seeing...
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how is john boehner performing as fiscal cliff negotiator. there's a petition drive demanding the president and lawmakers resolve the crisis or else. you are watching weekends with alex witt. wasn't my daughter's black bean soup spectacular? [ man thinking ] oh, this gas. those antacids aren't working. oh no, not that, not here! [ male announcer ] antacids don't relieve gas. gas-x is designed to relieve gas. gas-x. the gas xperts. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. plays a key role throughout our lives. one a day men's 50+ is a complete multivitamin designed for men's health concerns as we age. it has 7 antioxidants to support cell health. one a day men's 50+. when you give a child a toy, it has to work. ♪ make just one someone happy and when it's a toys for tots child, well, what could be more important? so this year, every hasbro toy donated to toys for tots will be p
how is john boehner performing as fiscal cliff negotiator. there's a petition drive demanding the president and lawmakers resolve the crisis or else. you are watching weekends with alex witt. wasn't my daughter's black bean soup spectacular? [ man thinking ] oh, this gas. those antacids aren't working. oh no, not that, not here! [ male announcer ] antacids don't relieve gas. gas-x is designed to relieve gas. gas-x. the gas xperts. well, having a ton of locations doesn't hurt. and a santa to...
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we have been hearing so much about what the principal negotiators think about the way around the fiscal cliff. the latest is that president obama is troubled by speaker boehner's suggestion that tax cuts to the wealthy should be permanent while speaker boehner says the president moved the goal post and wants too much in revenue. something we don't hear about is public opinion. most registered voters 57 percent feel the best way to deal with the budget problems is with cuts in spending. 20 percent think tax increases are a better solution and a little less 18 percent favor a balanced approach of cuts and tax hikes. and when asked if raising taxes on the wealthy is enough to solve the country's budget problems, 33 percent of registered voters said yes. but man fee more, 61 percent said spending cuts are necessary as well. this comes as three quarters of registered voters say all americans every single person should be kwierped to pay some amount of federal income tax so they are invested in the system. 77 percent he is think that's a good idea, 20 percent do not. if they do rise most regi
we have been hearing so much about what the principal negotiators think about the way around the fiscal cliff. the latest is that president obama is troubled by speaker boehner's suggestion that tax cuts to the wealthy should be permanent while speaker boehner says the president moved the goal post and wants too much in revenue. something we don't hear about is public opinion. most registered voters 57 percent feel the best way to deal with the budget problems is with cuts in spending. 20...
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everyone is this availing the economic data and the fiscal cliff. what is more important is how the jobs data affect negotiations on the fiscal left. it is up for jobs report tomorrow it will affect the negotiations and there will be urgency to get something done because everyone concerned about getting jobs. it nicole: everyone is concerned about jobs. back to you. ashley: thank you so much. back in 15 minutes. like a rudderless ship floating in the ocean, the markets description of the day. tracy: poetic. this is not. housing and urban development secretary shaun donovan on hot seat on capitol hill is grilled on the f h a and whether taxpayers foot the bill for multibillion-dollar bailout. gerri willis has this story. we have been waiting for this. gerri: that is will be looking at. off the top of my head. shakespeare is clocking in his grave right now. ashley: quite an image of. gerri: let's talk about fha and how much trouble they are in. they guarantee the mortgage loans. not that they are actually making them but the agency has lost $70 billio
everyone is this availing the economic data and the fiscal cliff. what is more important is how the jobs data affect negotiations on the fiscal left. it is up for jobs report tomorrow it will affect the negotiations and there will be urgency to get something done because everyone concerned about getting jobs. it nicole: everyone is concerned about jobs. back to you. ashley: thank you so much. back in 15 minutes. like a rudderless ship floating in the ocean, the markets description of the day....
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>> ron, the "national review" is reporting that if the fiscal cliff talks go sour, that john boehner might have a challenge for his speaker post. do you agree with that? >> i think speaker boehner is extremely strong in his position. he's been very, very smart, including the republican leadership, in his negotiations. while it's just him and president obama, he has them inside the room before he goes and meets with the president, he talks to them and they reflect the views of the entire conference. the key here with the entire deal is that the devil is in the details. once these details come out, it's going to take arm-twisting by both sides. it's going to take calls from the president and democrats. it's going to take the speaker to make sure republican conference members are falling into line and that's where we're going to see, when the rubber meets the road, if this deal can get done. remember, you know, health care reform by the president passed on december 24th. so we do have a president there just going right up to christmas. and if it doesn't happen at christmastime, they'll
>> ron, the "national review" is reporting that if the fiscal cliff talks go sour, that john boehner might have a challenge for his speaker post. do you agree with that? >> i think speaker boehner is extremely strong in his position. he's been very, very smart, including the republican leadership, in his negotiations. while it's just him and president obama, he has them inside the room before he goes and meets with the president, he talks to them and they reflect the views...
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also late news about the fiscal cliff. a new abc washington /washington post survey saying 49 percent approval obamas handling talks to avoid the so-called fiscal quick, while only 125% of for woodhouse speaker john boehner has handled the negotiations. >> they are still at a standstill. >> thank you james yad hoo e-mail services have gotten a makeover. the new read that in boxes are user friendly. it is the company's attempt to regain some of the ground lost to globoogle . ya hoo new see all mariss mzyer is trying to give people more reason to use the company's on-line service and stick around longer. she played a key role in g male when she worked at google. the world's top e-mail service. >> coming up we will have our financial asked bird robb black. we are talking about a company called the number one spot to avoid. we will tell you why t g i friday is excited about servicing the end of the world. coming up as the kron 4 news continues traffic in san jose. 101 north bounds traffic backed up that the interchange. we are
also late news about the fiscal cliff. a new abc washington /washington post survey saying 49 percent approval obamas handling talks to avoid the so-called fiscal quick, while only 125% of for woodhouse speaker john boehner has handled the negotiations. >> they are still at a standstill. >> thank you james yad hoo e-mail services have gotten a makeover. the new read that in boxes are user friendly. it is the company's attempt to regain some of the ground lost to globoogle . ya hoo...
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we begin this morning with new urgency in the fiscal cliff negotiations with now just 21 days to reach a deal. that's three weeks. today president obama returns to campaign mode, taking his fiscal cliff message to detroit. yesterday the president and speaker boehner met privately at the white house. their first face-to-face meeting since they agreed last week to clear everyone else out of the negotiating room. neither side revealed anything about the meeting that was part of the agreement. only saying that the lines of communication remain open. but yesterday another influential republican, senator bob corker from the senate banking committee, said his party should consider the president's position on raising tax rates on the wealthy. >> there is a growing group of folks that are looking at this and realizing that we don't have a lot of cards as it relates to the tax issue before year end. i mean, we have one house, that's it. the presidency and the senate's in the democrats' hands. a lot of people are putting forth a theory, and i actually think it has merit where you go ahead and giv
we begin this morning with new urgency in the fiscal cliff negotiations with now just 21 days to reach a deal. that's three weeks. today president obama returns to campaign mode, taking his fiscal cliff message to detroit. yesterday the president and speaker boehner met privately at the white house. their first face-to-face meeting since they agreed last week to clear everyone else out of the negotiating room. neither side revealed anything about the meeting that was part of the agreement. only...
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wile we focus on the fiscal cliff negotiations, or more appropriately the impasse, many of our state governments aren't in much better shape. state pension systems, unfunded liabilities are now estimated to be in the range of $2.5 trillion to almost $4 trillion. leading is california with more than $370 billion in unfunded pension liabilities, only 47% are currently funded. a pension debt per household in california of almost $30,000. illinois close behind, $167 billion in unfunded liabilities, 28% funded, and the state pension debt per household amounting to over $34,000. in municipal bonds illinois sold over $5 billion in bonds this year making it the third biggest debt issuer in the first three quarters this year. california and new york, numbers one and two with. the issue of unfunded pension liabilities with the passage of right-to-work laws is a subject that i'm going to be taking up with our next guest. -@mallory factor, author of can the bestseller, "shadow boxes: government nioos control america and rob taxpayers blind." we are delighted to have you with us. let's turn first
wile we focus on the fiscal cliff negotiations, or more appropriately the impasse, many of our state governments aren't in much better shape. state pension systems, unfunded liabilities are now estimated to be in the range of $2.5 trillion to almost $4 trillion. leading is california with more than $370 billion in unfunded pension liabilities, only 47% are currently funded. a pension debt per household in california of almost $30,000. illinois close behind, $167 billion in unfunded liabilities,...
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our next guest explains how the presidential campaign has undermined the fiscal cliff negotiations. we're back in a moment. of washington about the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million members, only one word counts. get the facts at earnedasay.org. let's keep medicare... and social security strong for generations to come. military families face, we understand. at usaa, we know military life is different. we've been there. that's why every bit of financial advice we offer is geared specifically to current and former military members and their families. [ laughs ] dad! dad! [ applause ] ♪ [ male announcer ] life brings obstacles. usaa brings advice. call or visit us online. we're ready to help. >>> welcome back to "morning joe" on this wednesday morning. still a little chilly. no big storms in sight at least this week. i'll explain in a second. first things first. windchills, a little ch
our next guest explains how the presidential campaign has undermined the fiscal cliff negotiations. we're back in a moment. of washington about the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million members, only one word counts. get the facts at earnedasay.org. let's keep medicare... and social security strong...
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as this fiscal cliff negotiations continues, they think boehner is trying to warn conservatives about going against any kind of deal he cuts with the white house. so as a warning, boehner is saying i'm going to boot you off your committee if you go against something i do. a lot of conservatives don't like it when he plays hardball. they're going to continue to fight back just like senator demint is doing right now. >> but he's also going to lose some votes on the moderate side. a couple dozen republican house members signed a bipartisan letter that says let's look at all kinds of tax rates, not just the deduction, but tax rates in relation to other spending. so you've got republicans jumping ship on both sides. >> that's exactly right. the speaker is going to have to make a critical choice, because the lines are being drawn in the sand right now here on capitol hill. you have the conservatives who are being booted off the committee. they're very angry with the speaker. they're not going to move at all on tax rates. but you've got a lot of moderates in the republican conference from th
as this fiscal cliff negotiations continues, they think boehner is trying to warn conservatives about going against any kind of deal he cuts with the white house. so as a warning, boehner is saying i'm going to boot you off your committee if you go against something i do. a lot of conservatives don't like it when he plays hardball. they're going to continue to fight back just like senator demint is doing right now. >> but he's also going to lose some votes on the moderate side. a couple...
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comments from house speaker john boehner on the ongoing fiscal cliff negotiations continuing to weigh on the market. boehner saying spending is the issue getting in the way of a deal. right now the dow is down 74 points. looks like maps on the iphone are headed in a better direction. this is the mover in google maps from the device, apple finally approve of the google its app store. the own attempt at maps was a massive disaster even lead to a rare apology from ceo tim cook. jobless claims fell for a fourth straight week. the market may be improving. marking the second lowest claims this year. you have a slow moving average. that is the latest from the fox business network giving you the power to prosper. ashley: breaking news from major league baseball. the associated press reporting texas rangers gm says josh hamilton has agreed to a contract with the l.a. angels. there you go. tracy: i'm shocked we are even talking about baseball in the middle of winter. ashley: hsbc moving on with the largest fine ever paid by a bank. $1.9 billion for the justice department to settle a money-laund
comments from house speaker john boehner on the ongoing fiscal cliff negotiations continuing to weigh on the market. boehner saying spending is the issue getting in the way of a deal. right now the dow is down 74 points. looks like maps on the iphone are headed in a better direction. this is the mover in google maps from the device, apple finally approve of the google its app store. the own attempt at maps was a massive disaster even lead to a rare apology from ceo tim cook. jobless claims fell...
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both sides of the fiscal cliff negotiations are much closer than you may think despite what law makes say publicly. jackie calms of the "new york times" picked up on something that lawmaker tim cole said recently. >> the republicans should just declare victory and taking the 98% of the tax cuts that they agree on and work next year on tax reform and see if they can't get the top rate back down again. it's hard to think that that's not where they're going to end up so why not make it clean instead of ugly. >> i think it's true that many people are saying privatery what tom cole said publicly on the show. but they believe that the politically right thing to do right now is to cut that you are losses, let tax rates go up for the most wealthy and really try for significant tax reform so that 39.6% is going to be mute. >> so the good news is that negotiations do continue, there was a meeting today between president obama and house speaker john boehner. that happened at the white house today, we are frying to get more details, we're trying to get our white house chief correspondent jessica
both sides of the fiscal cliff negotiations are much closer than you may think despite what law makes say publicly. jackie calms of the "new york times" picked up on something that lawmaker tim cole said recently. >> the republicans should just declare victory and taking the 98% of the tax cuts that they agree on and work next year on tax reform and see if they can't get the top rate back down again. it's hard to think that that's not where they're going to end up so why not...
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the president's refusal to budge in negotiations with the g.o.p. on fiscal cliff talks. joining me now university of chicago booth school of business professor and former chairman of the council of economic advisors under president obama, dr. austan goolsbee. dr. goolsbee, where is the stethoscope? come on, i see it there hello, good to see you, austin. >> hey, laura great to see you again. i painted the pictures why conservatives should figure it out and not be in despair. on the other side of the equation you have the president. let's say the president gets his tax hikes. you know, everyone thinks they are going to have higher taxes in the new year. so he gets tax hikes. but then what? i mean, the new normal that's being painted by your friends over at the oecd say our girls will probably be about 2.2%. 2% maybe if we're luck in next year. the new normal even with high taxes doesn't look good. >> yeah. let's hope it's higher than that i think it's going to be a bumpy 60 days in my view. fiscal cliff. as low as that 2% is. the awful state of the world right now is that
the president's refusal to budge in negotiations with the g.o.p. on fiscal cliff talks. joining me now university of chicago booth school of business professor and former chairman of the council of economic advisors under president obama, dr. austan goolsbee. dr. goolsbee, where is the stethoscope? come on, i see it there hello, good to see you, austin. >> hey, laura great to see you again. i painted the pictures why conservatives should figure it out and not be in despair. on the other...
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Dec 7, 2012
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cliff negotiations. only 36% trust the "r"s in congress. joining me is nbc chief white house correspondent and political director and host of "the daily rundown," anything else you control around here? >> that's enough. >> and "the washington post's" chris cillizza. i think you've been reupped. you're all over the place. you're the greatest. the absolute best there is in this -- >> let's be careful talking about the president outside the beltway in virginia. >> this is why i want you and chris on. what is the president hoping to get done? what's his time frame? does he believe in the cliff or does he think it's a bungee jump? >> no, he truly believes in the cliff. he has been getting -- and he's getting economic warnings from his own team that say, don't believe the congressional budget office, which is kind of rosy about this, who says it would be a tough 2013 if we went over the cliff but things would get better. he is getting updates saying, no, no, no, we will go into recession. >> therefore, let's g
cliff negotiations. only 36% trust the "r"s in congress. joining me is nbc chief white house correspondent and political director and host of "the daily rundown," anything else you control around here? >> that's enough. >> and "the washington post's" chris cillizza. i think you've been reupped. you're all over the place. you're the greatest. the absolute best there is in this -- >> let's be careful talking about the president outside the beltway...
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. >> fiscal cliff negotiations. >> one-on-one right now. >> are now a party of two. >> the two most important players. >> the president and the speaker. >> president obama and house speaker john boehner. >> a two-man operation. >> there is no progress. >> we are seeing progress. >> there is a jobs report today. >> unemployment down to 7.7%. better than expected. thank you very much. >> we dropped a whole point in a year. >> there is no progress. >> members of congress are always upset. >> they are taking us to the cliff. >> the momentum is with the president. >> republicans are totally over the barrel. >> did you say over? >> they should give in to obama on the tax rate? >> nothing is over until we decide it is! >> we didn't elect them to raise rate. >> not me! >> we don't have a revenue problem. >> i'm not going to take this. >> when are you going to fight? >> let's do it! >> how is that winning? that isn't winning. >> i don't think republicans will win. >> south carolina senator jim demint -- >> jim demint says he is resigning. >> his surprise announcement to step down. >> i think i'm in a
. >> fiscal cliff negotiations. >> one-on-one right now. >> are now a party of two. >> the two most important players. >> the president and the speaker. >> president obama and house speaker john boehner. >> a two-man operation. >> there is no progress. >> we are seeing progress. >> there is a jobs report today. >> unemployment down to 7.7%. better than expected. thank you very much. >> we dropped a whole point in a year....
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the intelligence suggested he was in implement danger. >>> it seems fiscal cliff negotiations are playing chicken. neither side willing to back down but are we starting to see cracks. texas senator kale -- kay bailey hutchins joins us. thank you for your time. >> thank you, shannon. >> i want to ask about the fact we've seen republicans, including your senate colleagues, coburn and corker say they may be willing to go ahead on raising taxes on upper income earners. >> i think many republicans are feeling pressured and really up against a wall. no one wants the tax rates to go up, which is what would happen if we don't do anything. i think that the president did win the election and he's certainly pressing that button. i don't think people like it. i just -- i don't think we ought to raise taxes on anyone, but i just hope that the president will in some way maybe not make it so stark and will allow us to do something on the spending side. because if we just raise the taxes and don't do anything about the spending, i think it will be a terrible signal we just can't get our act together and
the intelligence suggested he was in implement danger. >>> it seems fiscal cliff negotiations are playing chicken. neither side willing to back down but are we starting to see cracks. texas senator kale -- kay bailey hutchins joins us. thank you for your time. >> thank you, shannon. >> i want to ask about the fact we've seen republicans, including your senate colleagues, coburn and corker say they may be willing to go ahead on raising taxes on upper income earners. >>...
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debt deal negotiations have stalled. >> the fiscal cliff stalemate remains. >> the standoff continues. there isn't a lot of reason for hope. >> democrats and republicans are blaming each other for the stalled negotiations. >> who's going to blink sglirs what's going to blink first. >> the white house is daring republicans literally to blink. (laughter) >> stephen: obama is daring republicans literally to blink. well, the joke's on him! (laughter) because i know some republicans who had their eyelids surgically removed. (laughter) (cheers and applause) now obama won't budge off his calls for $1.6 trillion in new tax revenue over the coming decade, mostly from increasing tax rates and taxes on upper-bracket earners. folks, that's just punishing our nation's job creators. america's billionaires are the engine that drives our economy through smart investments! and occasionally through dumb ones. (laughter) today house speaker john boehner struck back with his plan to cut spending by demanding obama come up with boehner's plan to cut spending. (laughter) >> a lot of people know that the pr
debt deal negotiations have stalled. >> the fiscal cliff stalemate remains. >> the standoff continues. there isn't a lot of reason for hope. >> democrats and republicans are blaming each other for the stalled negotiations. >> who's going to blink sglirs what's going to blink first. >> the white house is daring republicans literally to blink. (laughter) >> stephen: obama is daring republicans literally to blink. well, the joke's on him! (laughter) because i...
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this fiscal cliff negotiation seems doomed. am i being pessimistic? >> we're basically spending like europeans, but being taxed like americans. at some point you got to decide which you want. basically american government spending now is getting close to norwegian levels. and at that point, you can't have american tax levels. >> brian: what is their level? >> they spend 46% of gdp and people pay that. that's reflected in their taxes. america is basically borrowing $188 million every hour in washington. seven days a week, 24 hours a day, thanksgiving, ramadan, whatever. that gap cannot be closed by sticking to to the rich. >> brian: don't you think the president realizes that or do you think he fully realizes that in. >> oh, yeah, he does. this is the cunning thing. he's going to blame it on the rich, blame it on the republicans. but right now if you're just an average working guy with an average income, your taxes are going to go up because for him -- pour for the president, it's not about the economy. it's about government. it's about the size of gov
this fiscal cliff negotiation seems doomed. am i being pessimistic? >> we're basically spending like europeans, but being taxed like americans. at some point you got to decide which you want. basically american government spending now is getting close to norwegian levels. and at that point, you can't have american tax levels. >> brian: what is their level? >> they spend 46% of gdp and people pay that. that's reflected in their taxes. america is basically borrowing $188 million...
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. >>> the looming fiscal cliff 22 days away. we'll go inside the negotiations with two top leaders in just a moment, but i want to start with the ongoing crisis in syria where the assad government is cracking down on its own people. and this week something significant happened. the president signalled a big potential shift in u.s. involvement there. >> i want to make it absolutely clear to assad and those under his command, the world is watching. the use of chemical weapons is and would be totally unacceptable. and if you make the tragic mistake of using these weapons, there will be consequences, and you will be held accountable. >> nbc chief foreign correspondent richard engel is here to bring us more on what is a developing story. >> reporter: david, despite increasing criticism and warnings, the government of bashir al assad is revving up its activities. this area was bombed last night. regarding chemical weapons, commanders we have spoken to are very concerned that the government could use chemical weapons. they are complete
. >>> the looming fiscal cliff 22 days away. we'll go inside the negotiations with two top leaders in just a moment, but i want to start with the ongoing crisis in syria where the assad government is cracking down on its own people. and this week something significant happened. the president signalled a big potential shift in u.s. involvement there. >> i want to make it absolutely clear to assad and those under his command, the world is watching. the use of chemical weapons is...
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easily saying, yeah, we can go over the fiscal cliff. but at the end of the day, this is a president, he would have to own it. he may not say he has to own the recession. but if we go over that, he has to own that. >> he knows that. >> and that's something he definitely knows. >> i think he agrees with bob that the recession would be his problem. >> it would be a giant disaster. he needs to improve things and show that he's a leader. and, you know, here's the big question, whether he's miscalculated by coming out and saying, we have to raise taxes on the upper brackets. that is a red line. >> right. >> and, you know, for -- newt knows this way too well. there are so many republicans in the house that that is against doctrine. that will get the "wall street journal" editorial page spinning, and that means a lot. to a lot of households. >> we need to get to a break. but after the break, 2016 is taking shape. some of the moves made in the republican party, we'll get into that. and of course the election may be sooner than we think, even tho
easily saying, yeah, we can go over the fiscal cliff. but at the end of the day, this is a president, he would have to own it. he may not say he has to own the recession. but if we go over that, he has to own that. >> he knows that. >> and that's something he definitely knows. >> i think he agrees with bob that the recession would be his problem. >> it would be a giant disaster. he needs to improve things and show that he's a leader. and, you know, here's the big...
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you for being higher taxes. >> this fiscal cliff thing, the problem with the republicans larry, is that they have been boxed in by the democrats into a difficult position where the polls confirm that the public in america believe that the reason that president obama is going to win the debate that if he goes over, that they are going to save the backsides of the wealthy 2% of americans. i probably shouldn't but i do. >> with which i agree but i think the risk here for the gop is that they become the party of rich people. and i think you saw that in the election. i don't think that is their intent. i think their intent is quite sound. >> they are becoming the party of rich white older men. you can't think of any other section of the community right now thinking the republican party is for me. >> i think that is why the politics of this make it possible to go over the cliff. i think the democrats see if we go over the cliff the republicans get blamed. meanwhile. i think the republicans worry about bei ining blamed by a pri contender with the field. that doesn't mean they are obliged to st
you for being higher taxes. >> this fiscal cliff thing, the problem with the republicans larry, is that they have been boxed in by the democrats into a difficult position where the polls confirm that the public in america believe that the reason that president obama is going to win the debate that if he goes over, that they are going to save the backsides of the wealthy 2% of americans. i probably shouldn't but i do. >> with which i agree but i think the risk here for the gop is...
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but looked at strictly economically, forget the politics here, forget fiscal cliff, forget negotiations. you just look economically, raise taxes, you don't get all the money you think you are going to bring in. >> brian: real quick, kevin mccarthy, one of the young guns, was on "metropolitan the press" and said, good news. revenues are up 10%. that's because we seem to be turning around economically. here is the bad news, spending is up 16%. why? he's trying to explain to a very reluctant david gregory, why should we consider raising tax when is clearly the revenue is up, but the spending is up higher? >> the president wants to raise tax rates on people making more than 250,000. he thinks that will bring in $82 billion in one year. the experience of california and other countries is that you will not bring in $82 billion. you bring in less. >> brian: sadly, it's just about getting a trophy and saying i told you i would do it. >> that's the politics of it. >> brian: varney and company might want to pick this up at 9:20 eastern time. >> always take your advice. >> brian: i'll put it in wr
but looked at strictly economically, forget the politics here, forget fiscal cliff, forget negotiations. you just look economically, raise taxes, you don't get all the money you think you are going to bring in. >> brian: real quick, kevin mccarthy, one of the young guns, was on "metropolitan the press" and said, good news. revenues are up 10%. that's because we seem to be turning around economically. here is the bad news, spending is up 16%. why? he's trying to explain to a very...
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this fiscal cliff thing, the problem with the republicans, larry, is that they have been boxed in by the democrats into a difficult position where the polls confirm that the public in america believe that the reason that president obama is going to win the debate is because, come the fiscal cliff moment, that if he goes over, that they are going to save the backsides of the wealthy 2% of americans. i probably shouldn't but i do. >> speaking as a reagan conservative, i must say i rather agree with you. probably shouldn't. but i do. i think divided government is very difficult. and there's some principles that speaker boehner is fighting for, with which i actually agree. but i think politically, the risk here for the gop, is they've become the party of rich people. and they give up the middle-class to the democrats. and i think you saw some of that in the presidential election. i don't think that's their intent. i think their tax reform intent is quite sound. but the way this is playing out, i think that's a big risk for them. >> they're becoming the party of rich, white, older men, is
this fiscal cliff thing, the problem with the republicans, larry, is that they have been boxed in by the democrats into a difficult position where the polls confirm that the public in america believe that the reason that president obama is going to win the debate is because, come the fiscal cliff moment, that if he goes over, that they are going to save the backsides of the wealthy 2% of americans. i probably shouldn't but i do. >> speaking as a reagan conservative, i must say i rather...
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this is the speed of the fiscal cliff negotiations. blink and you just might miss exactly nothing. while talks between speaker boehner and president obama over the past three days have been shrouded in secrecy, we've learned there have been two offers put on the table. the white house sent boehner a proposal on monday calling for $1.4 trillion in tax revenue, $200 billion less than the original offer. might that seal the deal? >> the president's called for $1.4 trillion worth of revenue. that cannot pass the house or the senate. >> okay then. the speaker's office responded with a deal of its own. yesterday it included precisely the same amount of revenue from the original proposal, $800 billion, which indicates there may have been concessions else where. a democratic source close to the white house tells nbc news the proposal included a permanent extension of the bush tax cuts. that is highly unlikely to fly, given the hard line the president has taken on tax rates and what he told barbara walters in an interview airing this friday on "20/20." >> taxes are going to go up one way or
this is the speed of the fiscal cliff negotiations. blink and you just might miss exactly nothing. while talks between speaker boehner and president obama over the past three days have been shrouded in secrecy, we've learned there have been two offers put on the table. the white house sent boehner a proposal on monday calling for $1.4 trillion in tax revenue, $200 billion less than the original offer. might that seal the deal? >> the president's called for $1.4 trillion worth of revenue....
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. >>> well, back here at home, fiscal cliff negotiations in washington are still up in the air. most lawmakers have gone home for a long weekend. this, as treasury secretary timothy geithner says the obama administration is willing to go over the fiscal cliff. nbc's tracie potts joins us live from washington with app update on all of this. tracie, good morning to you. >> reporter: lynn, not quite empty. a lot of lawmakers on a long weekend break. take a look at some of the frustrated constituents they'll face. a protest in baltimore over social security, not the check but the jobs. the people who work in the offices who fear there could be super long lines for taxpayers if, in fact, their jobs are cut in all of this. so where do we stand today? there's a hearing today on capitol hill. the joint economic committee hearing on what can be done for the fiscal cliff. treasury secretary timothy geithner says the administration is willing to go over the cliff, let taxes go up, let these taxes happen if republicans press the idea of no tax increases for the wealthy. the latest we've lea
. >>> well, back here at home, fiscal cliff negotiations in washington are still up in the air. most lawmakers have gone home for a long weekend. this, as treasury secretary timothy geithner says the obama administration is willing to go over the fiscal cliff. nbc's tracie potts joins us live from washington with app update on all of this. tracie, good morning to you. >> reporter: lynn, not quite empty. a lot of lawmakers on a long weekend break. take a look at some of the...
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cliff negotiations for some stimulus spending doesn't hurricane sandy prove we need it here's an opportunity to. take this we have a few minutes every year of warden a trillion dollars in deficit spending at this point the president obama is like a doctor running a thousand votes with a patient who is not recovery yet if there's an argument for spending more to help the people who were damaged when the federal weather service didn't warn them about the incoming storm but the larger point is this country has been following that policy for so long that we are near because if we did come you know did warn them about it and the wheels are coming off because since the reagan administration we have not been spending money on infrastructure in the united states look around you most of the infrastructure was built in the fifty's sixty's seventy's and early eighty's and then we. spend it on government run health care going to star wars which is four trillion dollars is not to blame for what's actually happening in new york because of the storms right now and the money that it's not about actually not
cliff negotiations for some stimulus spending doesn't hurricane sandy prove we need it here's an opportunity to. take this we have a few minutes every year of warden a trillion dollars in deficit spending at this point the president obama is like a doctor running a thousand votes with a patient who is not recovery yet if there's an argument for spending more to help the people who were damaged when the federal weather service didn't warn them about the incoming storm but the larger point is...
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a rare look inside their fiscal cliff negotiations. >>. >> bl those little things still get you. for you, life's about her. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for ily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, as this may cause an unsafe drop in blood pressure. do not drink alcohol in excess with cialis. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, seek immediate medical help for an erection lasting more than four hours. if you have any sudden decrease or loss in hearing or vision, or if you have any allergic reactions such as rash, hives, swelling of the lips, tongue or throat, or difficu
a rare look inside their fiscal cliff negotiations. >>. >> bl those little things still get you. for you, life's about her. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for ily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all...
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. >> fiscal cliff negotiations proving once again that obama is never worried about trying to fix the problem. >> how about manning up here, mr. president. >> all he's trying to do is fix the blame. >> the president won. he wants to prove he can dominate. >> 15 auto workers fired are back on tle job tonight. >> hey, guys, hate to be a buzzkill, but shouldn't you guys be building cars? don't you guys work out at the chrysler factory? >> this right to work in michigan is a big deal. and michigan is about to become a right to work state, where you can't get a job without having to join a union. >> these so-called right to work laws don't have anything do with economics. they have everything to do with politics. >> michigan is ground zero for union activity. >> ♪ gangnam style >> this guy should have never been there. they realized he had done this in 2002 and 2004. apologies don't matter. he said we want american troops, their families, wives and kids, to die, die a painful death. you don't apologize for that. you're a bad person. get him out of the white house. >> you're going to hold
. >> fiscal cliff negotiations proving once again that obama is never worried about trying to fix the problem. >> how about manning up here, mr. president. >> all he's trying to do is fix the blame. >> the president won. he wants to prove he can dominate. >> 15 auto workers fired are back on tle job tonight. >> hey, guys, hate to be a buzzkill, but shouldn't you guys be building cars? don't you guys work out at the chrysler factory? >> this right to...
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cliff negotiations. again, once again, they're going to hold the process that the american people did not much enjoy. and they're going to do that to try to get something very unpopular, which is taking away a lot of people's medicare benefits. ak they're only going to see more intransigent work stream. more out of touch of where the american people are. governor, carl rove was with bill o'riley. watch this. >> i think what the speaker is trying to get across is at this point, the republicans are pretty much in disarray. they can't compete with the organized democratic machine. that's why romney lost. >> they are in disarray. they doept have a clue of what to do. they're not in any way consistent with what they want. they want taxes raised on the rich. it spurred 23.5 million new jobs in six years. americans get that stuff. they've got to be voiced and sustained. by the way, all of this is political calculation. crystal is right. they're worried about the primary. good lord, have some guts and do what's
cliff negotiations. again, once again, they're going to hold the process that the american people did not much enjoy. and they're going to do that to try to get something very unpopular, which is taking away a lot of people's medicare benefits. ak they're only going to see more intransigent work stream. more out of touch of where the american people are. governor, carl rove was with bill o'riley. watch this. >> i think what the speaker is trying to get across is at this point, the...
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cliff negotiations. this is where the rubber meets the road. this is where it's actually happening at the state level. at the local level. this is where all of that money that was released into the political system by citizens united is actually now paying off. >> yeah, and that is what's frightening nationwide because citizen's united opens the door everywhere. and we're seeing them searching for a model on how to do this. that is why even the detroit free press, in an editorial, and, again, this is a paper that had endorsed governor snyder two years ago. it says the right to work champions, the determination to emasculate once and for all the democratic parties most reliable source of financial and organizational support. now, senator, let me say this to you. if they can get away with it in michigan, michigan has 671,000 union members, 17.5% of the work force, fifth highest in the nation. if they can get away with it in michigan, they feel they can just steam roll all over the country. >> i think every
cliff negotiations. this is where the rubber meets the road. this is where it's actually happening at the state level. at the local level. this is where all of that money that was released into the political system by citizens united is actually now paying off. >> yeah, and that is what's frightening nationwide because citizen's united opens the door everywhere. and we're seeing them searching for a model on how to do this. that is why even the detroit free press, in an editorial, and,...
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cliff negotiations. no details of that meeting was released. >>> confirmed by her father, mexican singer banda was killed in a plane crash. she was 43. and a big winter storm is wreaking havoc across the midwest. it's the heaviest snowfall of the season. record snowfall of 10.2 inches was set at twin city, minnesota. there were more than 300 car accident in 24 hours. now back to more of "to catch a predator." >>> he's coming up right now slow. >> outside our hidden camera house here in petaluma, california, things are still getting backed up. one potential predator drives up, parks out front and sits there. meanwhile we spot another man across the street getting out of his car. he's been sitting there for several minutes. >> we believe jack, the stripper. >> usually when a visitor arrives, we know exactly who he is based on his photo and information in his chat log. but as we watch this man cross the street and head up our driveway, we realize we don't know which potential predator he is. our decoy invit
cliff negotiations. no details of that meeting was released. >>> confirmed by her father, mexican singer banda was killed in a plane crash. she was 43. and a big winter storm is wreaking havoc across the midwest. it's the heaviest snowfall of the season. record snowfall of 10.2 inches was set at twin city, minnesota. there were more than 300 car accident in 24 hours. now back to more of "to catch a predator." >>> he's coming up right now slow. >> outside our...
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>>> there are new development in the fiscal cliff negotiations. cnn has just learned that house republican leaders have sent the white house a counteroffer on tax and entitlement reform. let's bring in our capitol hill senior correspondent dana bash who's got the details. what have we learned? >> we learned that, as you said, the republicans have sent to the white house an offer that they describe as something that is significant with regard to tax and entitlement reform. of course, those are the two tranches that we're talking about here. they are being very -- holding their cards very close to the vest in terms of what specifics these are but apparently it's a counteroffer to something the white house sent to them yesterday. we don't know the details. this is good news for both sides. republicans saying earlier that the white house has to give them more spending cuts. but this is really key because the first thing they have to do, wolf, is get those top line numbers. they are not talking specifics, what kind of tax rates, how much to do. they ar
>>> there are new development in the fiscal cliff negotiations. cnn has just learned that house republican leaders have sent the white house a counteroffer on tax and entitlement reform. let's bring in our capitol hill senior correspondent dana bash who's got the details. what have we learned? >> we learned that, as you said, the republicans have sent to the white house an offer that they describe as something that is significant with regard to tax and entitlement reform. of...
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what does he think about republicans negotiating for president obama on the fiscal cliff? like a lot of other things for alan west, it all comes down to socialism. here is what he told radio host mark levin. >> i think this whole thing about having negotiations with president obama is silly. president obama is marxist, socialist, rigid ideologue, and for whatever reason he believes he has some self-conceived mandate to go out and further destroy and ruin our economy. >> so if you have any lingering nostalgia for the clown show, that should kill it. west still thinks, by the way, his opponent patrick murphy somehow cheated in order to win the race. >> the most important thing everyone has to understand is that my voice is not going to be lost. we will -- we've gotten a lot of opportunities, a lot of offers, and we're going to make sure that we continue to have that platform. i'm not going away just because of a congressional race where he had to to cheat to beet me. >> west campaign's spent about $18 million in his bid for re-election, more than four times what his opponent
what does he think about republicans negotiating for president obama on the fiscal cliff? like a lot of other things for alan west, it all comes down to socialism. here is what he told radio host mark levin. >> i think this whole thing about having negotiations with president obama is silly. president obama is marxist, socialist, rigid ideologue, and for whatever reason he believes he has some self-conceived mandate to go out and further destroy and ruin our economy. >> so if you...
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cliff negotiations. she has come in for us on a saturday afternoon. we do appreciate your time. >> good to be here. >> thanks for being here. there's a possibility of some major changes to entitlement spending by the end of these fiscal cliff negotiations. it looks like democratic leaders are right now warming to the idea of raising medicare premiums for wealthier people. you in the past have been somewhat outspoken in terms of your opposition to the idea of altering entitlements in a dramatic way. are you changing your tune? >> no. however, i will say this. we have taken seriously the fact that we have an obligation to our seniors, that medicare has worked for millions, almost 450 million americans, seniors mostly but disabled. and we want to start the discussion about medicare with the promise we are going to keep medicare and find a way to contain the rate of growth in costs under medicare and all health care been helpful. >> sure. >> but we'll meet that obligation to our seniors. that's where i think
cliff negotiations. she has come in for us on a saturday afternoon. we do appreciate your time. >> good to be here. >> thanks for being here. there's a possibility of some major changes to entitlement spending by the end of these fiscal cliff negotiations. it looks like democratic leaders are right now warming to the idea of raising medicare premiums for wealthier people. you in the past have been somewhat outspoken in terms of your opposition to the idea of altering entitlements in...
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cliff budget negotiations that as of this hour are still focused entirely on income tax rates. there is much more that congress has to solve than income tax rates including the amt, medicare spending, medicaid, and possibly social security. joining me to talk about the things that congress is not yet talking about but will soon be talking about, joeyç reed and chris hayes. chris, the amt has a deadline to it that is sharper than anything else in here, because these 2012 tax returns going to have to be calculated with either this new version of the amt or the fixed version, and that is the difference between it affects -- it adds tens of millions of people getting bitten by this thing. i know that the insiders are more worried about that actually getting fixed than the cliff at this point. >> yeah. when i started covering capitol hill in washington, there were two things that people talked about, which was the amt patch and the dock fix. everyone is like where are we on the amt fix. they adjust the payments and do this thing with the amt. we were asking early on, is there a wa
cliff budget negotiations that as of this hour are still focused entirely on income tax rates. there is much more that congress has to solve than income tax rates including the amt, medicare spending, medicaid, and possibly social security. joining me to talk about the things that congress is not yet talking about but will soon be talking about, joeyç reed and chris hayes. chris, the amt has a deadline to it that is sharper than anything else in here, because these 2012 tax returns going to...
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Dec 13, 2012
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cliff negotiations. the democratic leadership is preparing to respond. we will bring you comments from senators harry reid and dick durbin. that is live, and that is coming up. >>> the "cnbc realtime exchange market snapshot" is brought to you by interactive brokers. >>> it is time for another capital markets op-ed. buybacks. >> you guys covered this yesterday at great length. i hoped to look at some of the newspapers today, "the wall street journal" was the only newspaper somewhat critical about this. look, warren buffett will be buying back stocks. he was never going to buy back stock or split the stock. he was never going to put the stock in the s&p 500. if this is not hypocritical to the maximum level -- no, no, no. he has changed. >> oh, a long time ago. >> a long time ago. never believed in buybacks. never would split a stock into the "b" shares and would never go into the s&p 500. you don't want closet indexes owning the name. that's some of the hypocrisy. but given the fact that he took out one o
cliff negotiations. the democratic leadership is preparing to respond. we will bring you comments from senators harry reid and dick durbin. that is live, and that is coming up. >>> the "cnbc realtime exchange market snapshot" is brought to you by interactive brokers. >>> it is time for another capital markets op-ed. buybacks. >> you guys covered this yesterday at great length. i hoped to look at some of the newspapers today, "the wall street journal"...
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make him responsible for driving us off the fiscal cliff? go to our to be page at facebook facebook.com/loudobbs. we'll have results at the end. chris and steven joining us here next to address that question and more. ♪ ♪ [ engine revs ] ♪ [ male announcer ] oh what fun it is to ride. get the mercedes-benz on your wish list at the winter event going on now through december 31st. [ santa ] ho, ho, ho! [ malennouncer ] lease a 2013 e350 f $579 a month at your local mercedes-benz dealer. lou: house minority leader, pelosi going along with timothy geithner in saying it's just a fact we're going over the cliff if republicans do not agree to meet the president's ultimatum and raise taxes on the top 2%. >> the way i heard it, and the way i think it was not as a threat we'll go over if they don't, it's a prediction. if there's no agreement, then the cliff has to be dealt with. i don't see it if they don't do this, we do that. i saw it as a statement of fact. it's not a threat. it's a prediction. if there's no agreement, we go over the cliff. l
make him responsible for driving us off the fiscal cliff? go to our to be page at facebook facebook.com/loudobbs. we'll have results at the end. chris and steven joining us here next to address that question and more. ♪ ♪ [ engine revs ] ♪ [ male announcer ] oh what fun it is to ride. get the mercedes-benz on your wish list at the winter event going on now through december 31st. [ santa ] ho, ho, ho! [ malennouncer ] lease a 2013 e350 f $579 a month at your local mercedes-benz dealer....
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Dec 5, 2012
12/12
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CURRENT
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fiscal cliff counteroffer. he says that republicans can't negotiate with themselves however the president has been very clear very publicly that the g.o.p. plan is definitely a no-go as is. crossroads gps part of the karl rove funded group of campaign super pacs is spending half a million dollars on a new ad campaign to push for a fiscal cliff deal that includes more spending cuts and fewer higher taxes. >> so far he says more taxes. >> the truth is the white house deal did propose some $600 billion in healthcare and spending cuts. finally, secretary of state ken says he will investigate the state's voting problems. the republican in florida told the state ethics and elections committee he will dispatch a special team to investigate the five florida counties that had especially-long lines. right after it he defended florida's voting mess saying he had no regrets. wewewewewewewewewewewewewewewewewewewewewewewewewewewewewewe on to me now? you know the the kind of guys that do reverse mortgage commercials? those t
fiscal cliff counteroffer. he says that republicans can't negotiate with themselves however the president has been very clear very publicly that the g.o.p. plan is definitely a no-go as is. crossroads gps part of the karl rove funded group of campaign super pacs is spending half a million dollars on a new ad campaign to push for a fiscal cliff deal that includes more spending cuts and fewer higher taxes. >> so far he says more taxes. >> the truth is the white house deal did propose...
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Dec 7, 2012
12/12
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FOXNEWSW
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i don't think it will affect the fiscal cliff negotiations at all. we may go up to an 8% unemployment rate again. that's what we may do. it was 7.9 in october. it could be 8% in the number out today. >> brian: stewart, we're going to be watching this. we're going to be tossing to you to bring us the numbers as they come in for some instant analysis. so you'll small cast on the "fox business" network and our network. >> 8:30, we get the number this morning. >> brian: then you will change outfits, maybe hair styles and at 9:20 lost varney and company. >> totally different guy at 9:20. >> brian: thanks. have a great weekend. >> thanks. >> brian: i know you don't like to talk to me in the halls. coming up straight ahead, fema workers told to go sightseeing instead of helping sandy victims. that scary story ahead. then he was told he would never walk again. but the man you're about to meet is defying the odds. his motivation? to walk down the aisle. that story, more on that coming your way. i'm doing my own sleep study. advil pm® or tylenol pm. the advil
i don't think it will affect the fiscal cliff negotiations at all. we may go up to an 8% unemployment rate again. that's what we may do. it was 7.9 in october. it could be 8% in the number out today. >> brian: stewart, we're going to be watching this. we're going to be tossing to you to bring us the numbers as they come in for some instant analysis. so you'll small cast on the "fox business" network and our network. >> 8:30, we get the number this morning. >> brian:...
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Dec 9, 2012
12/12
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FOXNEWSW
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what are the odds of a deal getting done before disaster strikes in the fiscal cliff. we have optimism that our elected officials will rise to the occasion. >> i think everyone realizes how important it is. our economy is moving up some. not fast but some, and to go over the cliff would be terrible. i think we'll get an agreement. the reason i think we'll get an agreement, what's standing in the way is revenues, particularly making that top rate go up to 39.6 but we're seeing real progress. >> a unique moment in history where every developed country in the world, economists on both sides of the aisle, know the greatest threat to our country is fiscal solve advancecy. the minority party is trying to leverage the country into doing something great for our nation. it's a unique time and i hope the president soon will see the light. >> joining me the chris wallace. good morning. >> good morning, jamie. >> interesting interviews with optimism. do you think that -- they really believe a deal will happen and is each side willing to make a move? >> well, both senators said the
what are the odds of a deal getting done before disaster strikes in the fiscal cliff. we have optimism that our elected officials will rise to the occasion. >> i think everyone realizes how important it is. our economy is moving up some. not fast but some, and to go over the cliff would be terrible. i think we'll get an agreement. the reason i think we'll get an agreement, what's standing in the way is revenues, particularly making that top rate go up to 39.6 but we're seeing real...
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Dec 8, 2012
12/12
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MSNBCW
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if we dive off the fiscal cliff or maybe a more appropriate metaphor is we walk gently off of the fiscal beach, that puts the republicans in a much more difficult negotiating position. all of a sudden the president can go out on january 1 and say, look, i am in favor of tax cuts for the middle class. your taxes have gone up because of the republicans. what kind of a crazy party is this which is standing in the way of tax cuts, right? we thought that was what the republican -- their job is to cut taxes. so i think the president has a very good hand of cards right now. >> but on the other hand, doesn't the president have to get certain things done positively? doesn't he want to keep the payroll tax cut continuing? does he really want to take all those cuts in domestic and defense spending? aren't there some things he really thinks will hurt the economy over which he's the steward right now? does he want a second depression? no. a second recession. >> it will hurt the economy. i agree entirely. i think the short-term pressure is much more on john boehner, that he has -- if we go to the firs
if we dive off the fiscal cliff or maybe a more appropriate metaphor is we walk gently off of the fiscal beach, that puts the republicans in a much more difficult negotiating position. all of a sudden the president can go out on january 1 and say, look, i am in favor of tax cuts for the middle class. your taxes have gone up because of the republicans. what kind of a crazy party is this which is standing in the way of tax cuts, right? we thought that was what the republican -- their job is to...
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Dec 11, 2012
12/12
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. >>> we have another developing story with the ongoing negotiations of the fiscal cliff. despite spine signs of a deal in sight, house speaker boehner accused the president of holding back when it comes to spending cuts. >> the longer white house slow walk this is process, the closer our economy gets to the fiscal cliff. we know that the president wants more stimulus spending and increase in the debt limit without any cuts or reforms. that's not fixing our problem. frankly, it's making it worse. >> let me bring in our "news nation" political panel this hour. chris cafinus, michael smerkonish and louies romanis. what are we to make of speaker boehner coming out today, not sure of the overall message other than he wanted to have, i guess, a sound bite to play today as we continue to talk and the president is off at least negotiating behind the scenes on the fiscal cliff. >> i think you called it, tamron. look, the rhetoric is scaled back dramatically in the last few days. they're talking and seriously evidenced by the fact we're not learning that much. they're keeping it pr
. >>> we have another developing story with the ongoing negotiations of the fiscal cliff. despite spine signs of a deal in sight, house speaker boehner accused the president of holding back when it comes to spending cuts. >> the longer white house slow walk this is process, the closer our economy gets to the fiscal cliff. we know that the president wants more stimulus spending and increase in the debt limit without any cuts or reforms. that's not fixing our problem. frankly, it's...